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Enter Symbol:
Parkway Properties, Inc. (PKY) [hlAlert]

up 4.60 %

Parkway Properties, Inc. (PKY) rated Underperform by Wells Fargo

Posted on: Wednesday,  Feb 10, 2010  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform Parkway Properties, Inc. (NYSE: PKY) on 02/10/2010, when the stock price was $16.80. Since
then, Parkway Properties, Inc. has lost 4.40% as of 01/14/2016's recent price of $16.06.
If you would have followed this Wells Fargo's recommendation on PKY, you would have gained 4.6% of your investment in 2164 days.

Parkway Properties, Inc. (Parkway) is a real estate investment trust (REIT) specializing in the operation, leasing, acquisition and ownership of office properties. The Company performs these services for its own account and for other institutional investors through co-ownership structures, such as discretionary funds and/or partnerships. Parkwat focused on the Southeastern and Southwestern United States and Chicago. As of January 1, 2009, Parkway owned or had an interest in 67 office properties located in 11 states with an aggregate of approximately 13.5 million square feet of leasable space. Included in the portfolio are one discretionary fund and several partnership arrangements, which encompass 21 properties totaling 3.8 million square feet, representing 28% of the portfolio.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2010 8:25 AM Sell
as of 12/31/2010
1 Week up  4.92 %
1 Month down  -4.46 %
3 Months down  -12.16 %
1 YTD up  1.19 %

(*) Stock Price at the time of the recommendation.
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